SUNDAY ON FOX 5: @eltonofficial hosts a COVID-19 benefit special on FOX and iHeart. Performances from Alicia Keys, Backstreet Boys, Billie Eilish, Billie Joe Armstrong, Mariah Carey, Tim McGraw and more. https://t.co/IH9rCF0zXl
Watch on FOX 5 or on https://t.co/oYsurPHYwS!
Explain to me why we should spent taxpayer money to bailout companies (airlines) who spent their cash buying their own stock so the CEO gets optionality, instead of having a crisis buffer.
We should bail out individuals based on needs, not corporations.
#Moralhazard
I know peak bloom is beautiful and the weather couldn’t be any nicer, but can’t help thinking about social distancing when looking at these crowds. Let’s be safe!! #CherryBlossoms#coronavirus
The Fed has made 7 big emergency moves this week alone. (And it's only Wednesday)
1. Slash rates to 0
2. Re-start QE ($700bn bond buy)
3. 0.25% loans to banks
4. Swap lines
5. Commercial Paper facility
6. Primary Dealer facility
7. Money Market facility
https://t.co/4Wp5qEm0Ri
Health and science reporter Donald McNeil says the US response to coronavirus has stood in stark contrast to other countries that have seen success in beating down the pandemic.
https://t.co/ubLUCzwWPJ